DENSO to open $10 Million New Distribution Centre in Jeffersonville, Indiana

DENSO, the world's second largest mobility supplier, announced today its affiliate DENSO Products and Services Americas, Inc., is opening a new distribution centre in Jeffersonville, Ind. The location will be fully operational this summer and will create 50 gull-time jobs.

The centre is in the River Ridge Commerce Centre, a 6,000-acre business, industrial and technology hub alongside the Ohio River with multimodal connections to consumer markets nationwide.

DENSO is investing more than $9.5 million to lease and equip the new centre in Jeffersonville. Three million of that is dedicated to technology, such as warehouse management software to control inventory, optimize supply chain management and enhance customer service. Hiring is underway to add up to 50 new full-time jobs, including warehouse, management and administrative positions.

In addition to Jeffersonville, DENSO recently opened a distribution centre in Rancho Cucamonga, California. DENSO says the two centres will help them achieve higher fill rates, manage efficient inventory, control cost and meet growth targets.

DENSO's job creation plans position the company for state incentives of up to $325,000 in tax credits and up to $50,000 in training grants from the Indiana Economic Development Corporation, as well as incentives from Jeffersonville.

"With our distribution strategy, we are embracing innovation to build the future of mobility. The centre in Jeffersonville is strategically located to help meet the rising demand for DENSO's top-quality replacement auto parts in the Northeast and Midwest," said Kazu Yanagawa, vice president of DENSO's Supply Chain Management Group. "This new distribution centre gives us next-day ground transportation access to the entire region."

"The city of Jeffersonville is pleased to welcome another nationally known corporation into our business community," said Jeffersonville Mayor Mike Moore. "DENSO will complement our city's growing international business base, providing our citizens with meaningful employment while enhancing Jeffersonville's reputation as an enterprising community with business solutions for top companies. The city of Jeffersonville looks forward to working with DENSO to ensure its success."

"River Ridge is proud DENSO chose to be our newest tenant, further diversifying the commerce here," said Jerry Acy, executive director of the River Ridge Development Authority. "Our surrounding logistics capabilities make the River Ridge Commerce Centre an ideal spot for manufacturers to get their goods efficiently and inexpensively to their customers. DENSO has our full support."

Wendy Dant Chesser, president and CEO of One Southern Indiana, the economic development organization and chamber of commerce serving Clark County, Jeffersonville, and Floyd County, added, "DENSO's decision to open a large-scale, full-service distribution centre in Jeffersonville benefits the entire region." The organization supports additional local incentives for DENSO.